State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
38 hedge funds and large institutions have $63.7M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
15% more funds holding
Funds holding: 33 → 38 (+5)
2.98% more ownership
Funds ownership: 67.46% → 70.44% (+3%)
6% less capital invested
Capital invested by funds: $67.8M → $63.7M (-$4.08M)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.01M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.14M |
| 3 |
Jane Street
New York
|
+$1.04M |
| 4 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$945K |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$920K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$11M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.45M |
| 3 |
JP Morgan Chase
New York
|
-$2.01M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.21M |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$577K |
HYMB Hedge Fund Activity: Q4 2013 in Review
38 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q4 2013, worth a combined $63.7M — down 6% from $67.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HYMB positions and 2 closed out — a net gain of 7 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.01M. The largest seller was Bank of America, cutting an estimated $11M.
- 38 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q4 2013, up from 33 in Q3 2013.
- Funds reported $63.7M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q4 2013, down 6% quarter-over-quarter.
- 9 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q4 2013 and 2 closed out, a net change of +7 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q4 2013 was Morgan Stanley, an estimated $2.01M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q4 2013 was Bank of America, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2013.